News
COTD: Funding in Singapore peaked to $274m in October
COTD: Funding in Singapore peaked to $274m in October
Late-stage rounds accounted for 81.1% of funding during the month.
Bukit Sembawang net profit after tax slides 25% YoY in H1
It cited lower revenue from property and hospitality segments for $47m profit.
CBD office rents hit five-year high on strong occupancy amidst tight supply
Savills reported its sixth straight quarterly rise in Q3.
Cathay Pacific to buy back shares of Qatar Airways for $1.17b
Qatar Airways would sell all 643.07 million shares it held at (HK$10.8374).
DBS’s net profit slips 2% YoY in 9M
The group attributed this to the impact of the global minimum tax.
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
Coliwoo Holding sees high subscriptions in IPO
Firm’s public offer shares were 20.7 times subscribed whilst placement was 7.3 times subscribed.
PropNex unit faces $586,000 lawsuit
Propnex Realty is among three co-defendants named in the lawsuit.
Wee Hur, GSC secure $613.9m Upper Thomson Road site
They will develop a 99-year leasehold plot for residential and retail use.
Stoneweg Europe Stapled Trust's NPI up 3%
Its logistics and light industrial assets drove its Q3 earnings growth.
Lendlease REIT raises $280m from oversubscribed private placement
The proceeds will fund its 70% PLQ Mall stake acquisition.
iEdge Singapore Next 50 Index delivers 18% H2 return
Constituents represented a combined market capitalisation of $88b.
CDL Hospitality Trusts launches $1.5b multicurrency debt programme
Proceeds from the issuance will be used to refinance existing borrowings, among others.
Singapore retail sales up 2.8% in September
In contrast, F&B sales declined 1.6% YoY and 1.3% MoM (seasonally adjusted), with total sales estimated at $966m.
Singapore consumers most digitally impatient in APJ: study
That patience fell sharply for automated channels like chatbots (53%) and IVR systems (47%).
Daily Markets Briefing: STI down 0.13%; Top stock is Singtel
Singtel is the top stock with a 0.71% increase.
Kingsford tops Telok Blangah Road GLS tender with $918.3m bid
Realion described the site as a rare first-mover opportunity, given the limited private housing supply within the precinct.
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